[Myrddin]

The union retirees have contract protection for their highly subsidized plans.

Contracts? Ask the bond holders of GM what a contract is worth. Ask the GM and Chrysler dealers. The Obama commies will ignore any contract that gets in the way of their agenda.

[blau993]

You can disaffirm contracts if you are in bankruptcy, which I believe is what happened to the dealers. I don't see the "Obama commies," as you put it, putting those companies into bankruptcy again just to screw union pensioners. Aren't the unions their friends?

My point was that it is relatively easy for a corporation to cut benefits to pensioners if there is no contract, but it gets more difficult in the case of union workers. The auto companies are not the only companies that are bound by union contracts to pay health benefits of retired workers. They are just the poster children because their benefits are so lavish.